EA FC and The Sims maker Electronic Arts sells for $55bn to Saudi-led group

The deal takes the maker of titles including The Sims and EA FC into private ownership - and loads it with debt.

Electronic Arts has confirmed the completion of a $55bn buyout from a Saudi Arabian-led consortium and gamers have let out a collective groan, with one going as far as saying "that is the last time I will ever buy an EA game".

Many fans are concerned the profile of the new owners will lead to changes in the company’s gaming output.

Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared Kushner Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn). The company announced the completi

The sale of gaming giant Electronic Arts (EA) for $55bn (£41bn) to a group of buyers including Saudi Arabia's Public Investment Fund (PIF) has been finalised.

Electronic Arts misses quarterly bookings estimates ahead of Saudi-backed buyout  reuters.com

Aug 3 : Videogame publisher Electronic Arts missed expectations for first-quarter bookings on Monday, hit by a post-launch decline in engagement for its "Battlefield" franchise ahead of its Saudi-backed acquisition.Here are more details:• Despite having a strong launch last year, "Battlefield 6" has struggled to mainta